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Russia, Moscow Oblast · Russia“Russia is preparing to enlist more contract soldiers as it presses its invasion of Ukraine, aiming to avoid at least for now another mass call-up that could undermine popular support for the war,” Bloomberg reports.See the Story
Russia to Hire Contract Soldiers
34% Center coverage: 3 sources
Asia · ThailandThailand will sign a permanent bilateral visa waiver agreement with Kazakhstan next week, as the Southeast Asian country looks to lift foreign tourist arrivals back to pre-Covid levels.See the Story
Thailand, Kazakhstan Agree on Visa Waiver Pact to Boost Tourism
100% Left coverage: 1 sources
Tokyo, Japan · Tokyo(Bloomberg) -- Asian officials went on the offense against the resurgent dollar, with some choosing to stand together but all united in their desire for currency stability.The latest salvo came from Japan’s currency chief, who added weight to the matter by restating the Group-of-Seven’s commitment to preventing disorderly moves. Earlier this week, South Korea said it discussed currency concerns with Japan and vowed to counter drastic swings — wi…See the Story
Asia Makes a Stand as Dollar Threatens to Upend Currency Markets
100% Left coverage: 1 sources
Johannesburg · Johannesburg(Bloomberg Businessweek) -- Nestlé SA in August shuttered production of Nesquik chocolate milk powder in South Africa, citing falling demand. A year ago, Unilever Plc pulled the plug on the manufacturing of home-care and skin-cleansing products in Nigeria to “sustain profitability.” And pharma giants Bayer AG and GSK Plc have outsourced distribution of their products to independent companies in Kenya and Nigeria.Drawn by rapid growth, youthful p…See the Story
For Multinationals, Africa’s Allure Is Fading
100% Left coverage: 1 sources
Nvidia · Santa Clara(Bloomberg) -- A gauge of global chip stocks and AI bellwether Nvidia Corp. have fallen together into a technical correction, showing moderation in the global equity market’s most conspicuous driver over the past year and a half.The Philadelphia Semiconductor Index and Nvidia dropped more than 3% each Wednesday, pushing them down more than 10% from record high levels reached in March. In addition to concerns of the rallies becoming overheated, t…See the Story
Nvidia, Chip Stocks Drop Into Correction As Rate Bets Shift
100% Left coverage: 1 sources